Aave Secures Nearly 80% of Required Funds to Offset Kelp DAO Exploit-Related Debt
Aave, a leading lending platform, has successfully raised approximately $160 million to mitigate the $200 million in bad debt resulting from the largest DeFi exploit of the year, as reported by Arkham on Saturday. The platform stated, "To date, AAVE has raised $160M to cover the bad debt from the Kelp DAO Exploit, at defiunited.eth. Notably, Mantle and AAVE DAO are the largest contributors, havin…
April 26, 2026, 4:21 p.m.